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A Levels Economics MCQ Doubts

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According to me, it shud be B..
But in the MS, it's D..
Crimson-Saint any idea ?? :/
View attachment 48877
this is an EXTREMELY important law of economics that you must know..which is EVERY firm needs to produce at the socially optimum level of output(where MSB=MSC) i.e the point where there is no shortage or excess goods....SOO going back to the question , the govt would use CBA to achieve that optimum level hence (MSB=MSC)
 
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this is an EXTREMELY important law of economics that you must know..which is EVERY firm needs to produce at the socially optimum level of output(where MSB=MSC) i.e the point where there is no shortage or excess goods....SOO going back to the question , the govt would use CBA to achieve that optimum level hence (MSB=MSC)
But if SB > SC, then also the CBA will approve the project..
So why not B? :/
 
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But if SB > SC, then also the CBA will approve the project..
So why not B? :/
true but if in chapter 3 in one of the sections (not sure which one) it mentioned repeatedly that the main aim of cba is for MSB=MSC and sure sb greater than sc is good but think of it as being second in terms of govt aim :D
 
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309
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true but if in chapter 3 in one of the sections (not sure which one) it mentioned repeatedly that the main aim of cba is for MSB=MSC and sure sb greater than sc is good but think of it as being second in terms of govt aim :D
Ohhhhhh.... yeahhhhh....
Thanksssssss bro....
It was also mentioned in Eco Revision Guide...
It's really helpful go through it at least once... :)
 
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